Moody’s: Asia-Pacific economies to see a rebound in growth

FX

Moody’s Investors Service is out with its latest assessment of the Asia-Pacific economies, offering a stable outlook on the region.

“Most will rebound, helping to support debt stabilisation at higher levels than pre-pandemic,” Moody’s said in its report.

Market reaction

The Asian stocks are a big bag in the final trading day of the week, thus far. The S&P 500 futures are 0.16% higher on the day, despite the looming inflation fears.

Articles You May Like

Australian Treasurer Chalmers says worst of inflation is past
The AUDUSD has moved above a key swing today & it gives buyers some control into new week.
EA shares plunge 19%, on track for worst day since dot-com bubble
Trump Pump & Dump
USDCHF backs off highs as the market prepares for the FOMC rate decision

Leave a Reply

Your email address will not be published. Required fields are marked *